Posts From: June 2023

DRAFTKINGS MAKES $195M BID FOR POINTSBET’S US BUSINESS

DraftKings has emerged as a late bidder for PointsBet’s business in the United States, lobbing a last-minute offer of $US195 million ($283 million). PointsBet said its board would now determine...

M&A
Betsson expands into Belgian with €120m betFIRST acquisition

Betsson AB today announces the Group’s acquisition of the leading Belgian sports betting and gaming operator betFIRST for a total value of EUR 120 million, of which up to EUR...

M&A
Entain makes £750m swoop for STS

Entain plc today announces that Entain Holdings (CEE) Ltd. is launching a tender offer to acquire 100% of STS Holding S.A. (“STS”) for a total consideration of approximately £750m. STS...

M&A
888 completes sale of Latvian operations to Paf

888 one of the world’s leading betting and gaming companies with internationally renowned brands including William Hill, 888 and Mr Green, is pleased to announce that further to its announcement...

M&A
Entain completes Sportsflare acquisition

Tiidal Gaming has officially completed the sale of New Zealand subsidiary Sportsflare to Entain. The Toronto-based esports firm has sold 100% of its shares for a fee of $13.25m, and has now been released...

M&A
888 sells gaming business in Latvia to Paf

888 announces that it has reached an agreement to sell its Latvian business (the “Transaction”), to Paf Consulting Abp. The total consideration is up to €28.25 million (£24.6 million) for...

M&A
Aristocrat agrees $1.2 billion acquisition of NeoGames

NeoGames announced today that it has entered into a definitive Business Combination Agreement to be acquired by Aristocrat Leisure, an entertainment and content creation company delivering world-leading mobile and casino...

M&A
Fanatics to buy PointsBet’s U.S. business for $150M

Fanatics is paying $150 million cash to acquire PointsBet’s U.S. operations, the companies announced in a joint statement. The move which will require approvals by PointsBet shareholders at the end...

M&A
FansUnite sells gaming platform to Betr Holdings for $7M

Betr Holdings is excited to announce the acquisition of the Chameleon platform from FansUnite Entertainment. Chameleon offers a full suite of gaming solutions, including Player Account Management (“PAM”), sports betting...

M&A
GeoComply announces OneComply acquisition

GeoComply the market-leading geolocation, fraud, and risk solutions provider, is pleased to announce the acquisition of OneComply Inc., a provider of comprehensive solutions that assist companies operating in regulated markets...

M&A